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Benzinga
Benzinga
Business
Akanksha Bakshi

Advance Auto Parts Stock Slips After Q1 Results

Advance Auto Parts, Inc. (NYSE:AAP) reported first-quarter net sales growth of 1.3% year-over-year to $3.37 billion, missing the consensus of $3.38 billion.

Comparable store sales increased 0.6%; comparable store sales increased 25.3% on a two-year stack. Advance opened 35 new stores in the first quarter.

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